$1 gas anyone?

by Bob on November 27, 2008


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I am getting such a kick out of watching gas prices plummet. Getting back to the $2 per gallon mark was pretty exciting, but since most of the U.S. has passed that mark, what is next?

My local gas station is offering $1.59. Which equates to about $16.00 to fill up my tank – which is a lot better than the $40 I was paying just a few months ago.

I am not sure how low it is going to go or how long it will last, but I am enjoying it while we have it! How about you?

Oh, and has anyone actually seen it at $1.00 yet?

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Finance - $1 gas anyone?
November 29, 2008 at 6:02 am

{ 6 comments… read them below or add one }

IFBlogger November 27, 2008 at 10:00 pm

I’ve seen $1.51 in Macon, GA and $1.49 in Dayton, OH. I doubt anyone’s seen $1.00 unless it was a special one-time sale. Keep your fingers crossed though!

bob November 28, 2008 at 9:06 am

yea, I agree, but last time I posted about gas prices, I was surprised at how much cheaper some people had it than me…

Joshua November 28, 2008 at 10:34 am

I doubt that you will ever see gas prices like that again, unless there is a true revolution and oil loses its position as a commodity.

Personally, I hold to this: Gas will be back in the mid to young 2.00 range ($2.15-2.50) sometime in the not too distant future, but it has been VERY nice to be able to fill up and not feel like I have been assaulted at the pump !

Tristan November 29, 2008 at 7:00 pm

$1.48 by my house, Bob. :)

Gayle McLaughlin December 1, 2008 at 10:09 am

I live in Blue Springs Missouri and am happy to report it is down to $1.39. Unbelievable!

Craig December 1, 2008 at 3:40 pm

I don’t know if gas will get that low but this is the lowest I’ve seen in years. Back to the days in HS when I would put $5 worth in the tank and it would last. I love it! Do people think this will last even if the economy bounces back?

Craig

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